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Loans and Allowance for Credit Losses (Tables)
 9 Months Ended
Sep. 30, 2019
Loans and Leases Receivable Disclosure [Abstract]  
Outstanding Balances of Loan
The following table provides outstanding balances related to each of our loan types:
 
 
September 30, 2019
 
December 31, 2018
 
Originated
 
Acquired
 
Total
 
Originated
 
Acquired
 
Total
 
(dollars in thousands)
Commercial, financial, agricultural and other
$
1,173,070

 
$
37,866

 
$
1,210,936

 
$
1,100,947

 
$
37,526

 
$
1,138,473

Real estate construction
413,562

 
6,719

 
420,281

 
353,008

 
5,970

 
358,978

Residential real estate
1,380,486

 
285,734

 
1,666,220

 
1,313,645

 
248,760

 
1,562,405

Commercial real estate
1,947,533

 
176,707

 
2,124,240

 
1,922,349

 
201,195

 
2,123,544

Loans to individuals
662,838

 
15,046

 
677,884

 
585,347

 
5,392

 
590,739

Total loans
$
5,577,489

 
$
522,072

 
$
6,099,561

 
$
5,275,296

 
$
498,843

 
$
5,774,139
Credit Risk Profile by Creditworthiness
The following tables represent our credit risk profile by creditworthiness:
 
September 30, 2019
 
Commercial, financial, agricultural and other
 
Real estate construction
 
Residential real estate
 
Commercial real estate
 
Loans to individuals
 
Total
 
(dollars in thousands)
Originated loans
 
 
 
 
 
 
 
 
 
 
 
Pass
$
1,115,341

 
$
413,535

 
$
1,371,231

 
$
1,902,969

 
$
662,535

 
$
5,465,611

Non-Pass
 
 
 
 
 
 
 
 
 
 
 
OAEM
49,258

 
27

 
487

 
22,709

 
—

 
72,481

Substandard
8,471

 
—

 
8,768

 
21,855

 
303

 
39,397

Doubtful
—

 
—

 
—

 
—

 
—

 
—

Total Non-Pass
57,729

 
27

 
9,255

 
44,564

 
303

 
111,878

Total
$
1,173,070

 
$
413,562

 
$
1,380,486

 
$
1,947,533

 
$
662,838

 
$
5,577,489

 
 
 
 
 
 
 
 
 
 
 
 
Acquired loans
 
 
 
 
 
 
 
 
 
 
 
Pass
$
30,986

 
$
6,134

 
$
283,171

 
$
169,935

 
$
15,033

 
$
505,259

Non-Pass
 
 
 
 
 
 
 
 
 
 
 
OAEM
2,143

 
585

 
637

 
2,126

 
—

 
5,491

Substandard
4,737

 
—

 
1,926

 
4,646

 
13

 
11,322

Doubtful
—

 
—

 
—

 
—

 
—

 
—

Total Non-Pass
6,880

 
585

 
2,563

 
6,772

 
13

 
16,813

Total
$
37,866

 
$
6,719

 
$
285,734

 
$
176,707

 
$
15,046

 
$
522,072

 
 
December 31, 2018
 
Commercial, financial, agricultural and other
 
Real estate construction
 
Residential real estate
 
Commercial real estate
 
Loans to individuals
 
Total
 
(dollars in thousands)
Originated loans
 
 
 
 
 
 
 
 
 
 
 
Pass
$
1,055,394

 
$
337,367

 
$
1,302,912

 
$
1,880,139

 
$
585,141

 
$
5,160,953

Non-Pass
 
 
 
 
 
 
 
 
 
 
 
OAEM
33,723

 
15,641

 
1,026

 
28,904

 
—

 
79,294

Substandard
11,830

 
—

 
9,707

 
13,306

 
206

 
35,049

Doubtful
—

 
—

 
—

 
—

 
—

 
—

Total Non-Pass
45,553

 
15,641

 
10,733

 
42,210

 
206

 
114,343

Total
$
1,100,947

 
$
353,008

 
$
1,313,645

 
$
1,922,349

 
$
585,347

 
$
5,275,296

 
 
 
 
 
 
 
 
 
 
 
 
Acquired loans
 
 
 
 
 
 
 
 
 
 
 
Pass
$
31,399

 
$
5,337

 
$
245,637

 
$
198,201

 
$
5,377

 
$
485,951

Non-Pass
 
 
 
 
 
 
 
 
 
 
 
OAEM
5,890

 
633

 
736

 
441

 
—

 
7,700

Substandard
237

 
—

 
2,387

 
2,553

 
15

 
5,192

Doubtful
—

 
—

 
—

 
—

 
—

 
—

Total Non-Pass
6,127

 
633

 
3,123

 
2,994

 
15

 
12,892

Total
$
37,526

 
$
5,970

 
$
248,760

 
$
201,195

 
$
5,392

 
$
498,843
Age Analysis of Past Due Loans by Segment
The following tables delineate the aging analysis of the recorded investments in past due loans as of September 30, 2019 and December 31, 2018. Also included in these tables are loans that are 90 days or more past due and still accruing because they are well-secured and in the process of collection.
 
September 30, 2019
 
30 - 59
days
past due
 
60 - 89
days
past
due
 
90 days
or
greater
and still
accruing
 
Nonaccrual
 
Total past
due and
nonaccrual
 
Current
 
Total
 
(dollars in thousands)
Originated loans
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial, financial, agricultural and other
$
165

 
$
345

 
$
26

 
$
4,808

 
$
5,344

 
$
1,167,726

 
$
1,173,070

Real estate construction
—

 
—

 
—

 
—

 
—

 
413,562

 
413,562

Residential real estate
4,756

 
1,438

 
935

 
6,465

 
13,594

 
1,366,892

 
1,380,486

Commercial real estate
671

 
406

 
103

 
7,590

 
8,770

 
1,938,763

 
1,947,533

Loans to individuals
3,090

 
775

 
845

 
302

 
5,012

 
657,826

 
662,838

Total
$
8,682

 
$
2,964

 
$
1,909

 
$
19,165

 
$
32,720

 
$
5,544,769

 
$
5,577,489

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Acquired loans
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial, financial, agricultural and other
$
10

 
$
—

 
$
4

 
$
4,693

 
$
4,707

 
$
33,159

 
$
37,866

Real estate construction
—

 
—

 
—

 
—

 
—

 
6,719

 
6,719

Residential real estate
394

 
101

 
119

 
1,818

 
2,432

 
283,302

 
285,734

Commercial real estate
—

 
—

 
—

 
1,612

 
1,612

 
175,095

 
176,707

Loans to individuals
220

 
16

 
22

 
13

 
271

 
14,775

 
15,046

Total
$
624

 
$
117

 
$
145

 
$
8,136

 
$
9,022

 
$
513,050

 
$
522,072

 
 
December 31, 2018
 
30 - 59
days
past due
 
60 - 89
days
past
due
 
90 days
or
greater
and still
accruing
 
Nonaccrual
 
Total past
due and
nonaccrual
 
Current
 
Total
 
(dollars in thousands)
Originated loans
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial, financial, agricultural and other
$
130

 
$
247

 
$
92

 
$
10,223

 
$
10,692

 
$
1,090,255

 
$
1,100,947

Real estate construction
212

 
—

 
—

 
—

 
212

 
352,796

 
353,008

Residential real estate
3,697

 
710

 
790

 
6,238

 
11,435

 
1,302,210

 
1,313,645

Commercial real estate
492

 
69

 
—

 
3,437

 
3,998

 
1,918,351

 
1,922,349

Loans to individuals
2,362

 
532

 
662

 
207

 
3,763

 
581,584

 
585,347

Total
$
6,893

 
$
1,558

 
$
1,544

 
$
20,105

 
$
30,100

 
$
5,245,196

 
$
5,275,296

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Acquired loans
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial, financial, agricultural and other
$
1

 
$
—

 
$
—

 
$
204

 
$
205

 
$
37,321

 
$
37,526

Real estate construction
—

 
—

 
—

 
—

 
—

 
5,970

 
5,970

Residential real estate
226

 
24

 
27

 
1,904

 
2,181

 
246,579

 
248,760

Commercial real estate
—

 
—

 
—

 
1,042

 
1,042

 
200,153

 
201,195

Loans to individuals
46

 
12

 
11

 
15

 
84

 
5,308

 
5,392

Total
$
273

 
$
36

 
$
38

 
$
3,165

 
$
3,512

 
$
495,331

 
$
498,843
Recorded Investment and Unpaid Principal Balance for Impaired Loans with Associated Allowance
The following tables include the recorded investment and unpaid principal balance for impaired loans with the associated allowance amount, if applicable, as of September 30, 2019 and December 31, 2018. Also presented are the average recorded investment in impaired loans and the related amount of interest recognized while the loan was considered impaired. Average balances are calculated using month-end balances of the loans for the period reported and are included in the table below based on their period-end allowance position.
 
September 30, 2019
 
December 31, 2018
 
Recorded
investment
 
Unpaid
principal
balance
 
Related
allowance
 
Recorded
investment
 
Unpaid
principal
balance
 
Related
allowance
 
(dollars in thousands)
Originated loans:
 
 
 
 
 
 
 
 
 
 
 
With no related allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
Commercial, financial, agricultural and other
$
1,638

 
$
7,014

 


 
$
8,735

 
$
16,442

 


Real estate construction
—

 
—

 


 
—

 
—

 


Residential real estate
9,760

 
11,516

 


 
10,726

 
12,571

 


Commercial real estate
3,274

 
3,502

 


 
3,599

 
3,812

 


Loans to individuals
392

 
593

 


 
281

 
408

 


Subtotal
15,064

 
22,625

 


 
23,341

 
33,233

 


With an allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
Commercial, financial, agricultural and other
4,644

 
6,386

 
$
1,054

 
3,042

 
3,181

 
$
797

Real estate construction
—

 
—

 
—

 
—

 
—

 
—

Residential real estate
920

 
976

 
4

 
486

 
495

 
107

Commercial real estate
6,408

 
6,543

 
469

 
1,866

 
1,878

 
596

Loans to individuals
—

 
—

 
—

 
—

 
—

 
—

Subtotal
11,972

 
13,905

 
1,527

 
5,394

 
5,554

 
1,500

Total
$
27,036

 
$
36,530

 
$
1,527

 
$
28,735

 
$
38,787

 
$
1,500


 
 
September 30, 2019
 
December 31, 2018
 
Recorded
investment
 
Unpaid
principal
balance
 
Related
allowance
 
Recorded
investment
 
Unpaid
principal
balance
 
Related
allowance
 
(dollars in thousands)
Acquired loans
 
 
 
 
 
 
 
 
 
 
 
With no related allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
Commercial, financial, agricultural and other
$
4,693

 
$
4,717

 
 
 
$
73

 
$
73

 
 
Real estate construction
—

 
—

 
 
 
—

 
—

 
 
Residential real estate
1,971

 
2,413

 
 
 
2,031

 
2,604

 
 
Commercial real estate
1,459

 
2,843

 
 
 
1,042

 
2,052

 
 
Loans to individuals
13

 
15

 
 
 
15

 
17

 
 
Subtotal
8,136

 
9,988

 
 
 
3,161

 
4,746

 
 
With an allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
Commercial, financial, agricultural and other
—

 
—

 
$
—

 
131

 
131

 
$
131

Real estate construction
—

 
—

 
—

 
—

 
—

 
—

Residential real estate
—

 
—

 
—

 
—

 
—

 
—

Commercial real estate
153

 
165

 
19

 
—

 
—

 
—

Loans to individuals
—

 
—

 
—

 
—

 
—

 
—

Subtotal
153

 
165

 
19

 
131

 
131

 
131

Total
$
8,289

 
$
10,153

 
$
19

 
$
3,292

 
$
4,877

 
$
131


 
For the Nine Months Ended September 30,
 
2019
 
2018
 
Originated Loans
 
Acquired Loans
 
Originated Loans
 
Acquired Loans
 
Average
recorded
investment
 
Interest
income
recognized
 
Average
recorded
investment
 
Interest
income
recognized
 
Average
recorded
investment
 
Interest
income
recognized
 
Average
recorded
investment
 
Interest
income
recognized
 
(dollars in thousands)
With no related allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial, financial, agricultural and other
$
2,129

 
$
10

 
$
2,255

 
$
—

 
$
17,838

 
$
576

 
$
261

 
$
10

Real estate construction
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Residential real estate
10,751

 
280

 
1,966

 
6

 
10,639

 
191

 
1,779

 
3

Commercial real estate
3,854

 
129

 
636

 
18

 
7,632

 
146

 
1,558

 
—

Loans to individuals
356

 
11

 
14

 
—

 
322

 
6

 
16

 
—

Subtotal
17,090

 
430

 
4,871

 
24

 
36,431

 
919

 
3,614

 
13

With an allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial, financial, agricultural and other
4,064

 
36

 
—

 
—

 
5,979

 
16

 
—

 
—

Real estate construction
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Residential real estate
347

 
6

 
—

 
—

 
532

 
11

 
—

 


Commercial real estate
5,357

 
2

 
160

 
—

 
1,787

 
3

 
—

 
—

Loans to individuals
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Subtotal
9,768

 
44

 
160

 
—

 
8,298

 
30

 
—

 
—

Total
$
26,858

 
$
474

 
$
5,031

 
$
24

 
$
44,729

 
$
949

 
$
3,614

 
$
13

 
For the Three Months Ended September 30,
 
2019
 
2018
 
Originated Loans
 
Acquired Loans
 
Originated Loans
 
Acquired Loans
 
Average
recorded
investment
 
Interest
Income
Recognized
 
Average
recorded
investment
 
Interest
Income
Recognized
 
Average
recorded
investment
 
Interest
Income
Recognized
 
Average
recorded
investment
 
Interest
Income
Recognized
 
(dollars in thousands)
With no related allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial, financial, agricultural and other
$
1,902

 
$
3

 
$
4,697

 
$
—

 
$
5,697

 
$
8

 
$
73

 
$
10

Real estate construction
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Residential real estate
10,254

 
86

 
1,950

 
1

 
10,627

 
59

 
2,541

 
2

Commercial real estate
3,582

 
28

 
666

 
—

 
6,810

 
59

 
1,955

 
—

Loans to individuals
389

 
4

 
13

 
—

 
320

 
2

 
16

 
—

Subtotal
16,127

 
121

 
7,326

 
1

 
23,454

 
128

 
4,585

 
12

With an allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial, financial, agricultural and other
4,677

 
8

 
—

 
—

 
10,298

 
4

 
—

 
—

Real estate construction
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Residential real estate
740

 
1

 
—

 
—

 
565

 
2

 
—

 
—

Commercial real estate
6,443

 
1

 
155

 
—

 
4,342

 
1

 
—

 
—

Loans to individuals
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Subtotal
11,860

 
10

 
155

 
—

 
15,205

 
7

 
—

 
—

Total
$
27,987

 
$
131

 
$
7,481

 
$
1

 
$
38,659

 
$
135

 
$
4,585

 
$
12
Troubled Debt Restructured Loans and Commitments
The following table provides detail as to the total troubled debt restructured loans and total commitments outstanding on troubled debt restructured loans:
 
September 30, 2019
 
December 31, 2018
 
(dollars in thousands)
Troubled debt restructured loans
 
 
 
Accrual status
$
8,024

 
$
8,757

Nonaccrual status
11,074

 
11,761

Total
$
19,098

 
$
20,518

Commitments
 
 
 
Letters of credit
$
60

 
$
60

Unused lines of credit
131

 
1,027

Total
$
191

 
$
1,087


The following tables provide detail, including specific reserves and reasons for modification, related to loans identified as troubled debt restructurings:
 
For the Nine Months Ended September 30, 2019
 
 
 
Type of Modification
 
 
 
 
 
 
 
Number
of
Contracts
 
Extend
Maturity
 
Modify
Rate
 
Modify
Payments
 
Total
Pre-Modification
Outstanding
Recorded
Investment
 
Post-
Modification
Outstanding
Recorded
Investment
 
Specific
Reserve
 
(dollars in thousands)
Commercial, financial, agricultural and other
2

 
$
—

 
$
—

 
$
156

 
$
156

 
$
157

 
$
—

Residential real estate
14

 
17

 
149

 
842

 
1,008

 
933

 
1

Commercial real estate
3

 
—

 
—

 
6,119

 
6,119

 
5,740

 
397

Loans to individuals
7

 
—

 
—

 
98

 
98

 
87

 
—

Total
26

 
$
17

 
$
149

 
$
7,215

 
$
7,381

 
$
6,917

 
$
398


 
For the Nine Months Ended September 30, 2018
 
 
 
Type of Modification
 
 
 
 
 
 
 
Number
of
Contracts
 
Extend
Maturity
 
Modify
Rate
 
Modify
Payments
 
Total
Pre-Modification
Outstanding
Recorded
Investment
 
Post-
Modification
Outstanding
Recorded
Investment
 
Specific
Reserve
 
(dollars in thousands)
Commercial, financial, agricultural and other
3

 
$
74

 
$
—

 
$
8,250

 
$
8,324

 
$
7,393

 
$
2,811

Residential real estate
24

 
85

 
145

 
959

 
1,189

 
1,108

 
—

Commercial real estate
2

 
—

 
—

 
966

 
966

 
943

 
—

Loans to individuals
13

 
—

 
77

 
44

 
121

 
103

 
—

Total
42

 
$
159

 
$
222

 
$
10,219

 
$
10,600

 
$
9,547

 
$
2,811


The troubled debt restructurings included in the above tables are also included in the impaired loan tables provided earlier in this note. Loans defined as modified due to a change in rate may include loans that were modified for a change in rate as well as a re-amortization of the principal and an extension of the maturity. For both the nine months ended September 30, 2019 and 2018, $0.1 million and $0.2 million, respectively, of total rate modifications represent loans with modifications to the rate as well as payment as a result of re-amortization. For both 2019 and 2018 the changes in loan balances between the pre-modification balance and the post-modification balance are due to customer payments.
The following tables provide detail, including specific reserves and reasons for modification, related to loans identified as troubled debt restructurings:
 
For the Three Months Ended September 30, 2019
 
 
 
Type of Modification
 
 
 
 
 
 
 
Number
of
Contracts
 
Extend
Maturity
 
Modify
Rate
 
Modify
Payments
 
Total
Pre-Modification
Outstanding
Recorded
Investment
 
Post-
Modification
Outstanding
Recorded
Investment
 
Specific
Reserve
 
(dollars in thousands)
Commercial, financial, agricultural and other
1

 
$
—

 
$
—

 
$
95

 
$
95

 
$
96

 
$
—

Residential real estate
3

 
—

 
32

 
53

 
85

 
85

 
—

Loans to individuals
2

 
—

 
—

 
37

 
37

 
34

 
—

Total
6

 
$
—

 
$
32

 
$
185

 
$
217

 
$
215

 
$
—


 
For the Three Months Ended, September 30, 2018
 
 
 
Type of Modification
 
 
 
 
 
 
 
Number
of
Contracts
 
Extend
Maturity
 
Modify
Rate
 
Modify
Payments
 
Total
Pre-Modification
Outstanding
Recorded
Investment
 
Post-
Modification
Outstanding
Recorded
Investment
 
Specific
Reserve
 
(dollars in thousands)
Commercial, financial, agricultural and other
1

 
$
74

 
$
—

 
$
—

 
$
74

 
$
74

 
$
—

Residential real estate
7

 
65

 
70

 
230

 
365

 
338

 
—

Loans to individuals
6

 
—

 
26

 
17

 
43

 
40

 
—

Total
14

 
$
139

 
$
96

 
$
247

 
$
482

 
$
452

 
$
—

The troubled debt restructurings included in the above tables are also included in the impaired loan tables provided earlier in this note. Loans defined as modified due to a change in rate may include loans that were modified for a change in rate as well as a re-amortization of the principal and an extension of the maturity. For the three months ended September 30, 2019 and 2018, $32 thousand and $96 thousand, respectively, of total rate modifications represent loans with modifications to the rate as well as payment as a result of re-amortization. For both 2019 and 2018 the changes in loan balances between the pre-modification balance and the post-modification balance are due to customer payments.
Troubled Debt Restructuring Subsequent Default [Table Text Block]
A troubled debt restructuring is considered to be in default when a restructured loan is 90 days or more past due. The following table provides information related to loans that were restructured within the past twelve months and that were considered to be in default during the nine months ended September 30:
 
2019
 
2018
 
Number of
Contracts
 
Recorded
Investment
 
Number of
Contracts
 
Recorded
Investment
 
(dollars in thousands)
Commercial, financial, agricultural and other
—

 
$
—

 
1

 
$
272

Residential real estate
3

 
70

 
1

 
49

Loans to individuals
—

 
—

 
1

 
8

Total
3

 
$
70

 
3

 
$
329

The following table provides information related to loans that were restructured within the past twelve months and that were considered to be in default during the three months ended September 30:
 
2019
 
2018
 
Number of
Contracts
 
Recorded
Investment
 
Number of
Contracts
 
Recorded
Investment
 
(dollars in thousands)
Residential real estate
2

 
$
49

 
1

 
$
49

Loans to individuals
—

 
$
—

 
1

 
$
8

Total
2

 
$
49

 
2

 
$
57
Allowance for Credit Losses he following tables provide detail related to the allowance for credit losses:
 
For the Nine Months Ended September 30, 2019
 
Commercial,
financial,
agricultural
and other
 
Real estate
construction
 
Residential
real estate
 
Commercial
real estate
 
Loans to
individuals
 
Total
 
(dollars in thousands)
Allowance for credit losses:
 
 
 
 
 
 
 
 
 
 
 
Originated loans:
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
$
19,235

 
$
2,002

 
$
3,934

 
$
18,382

 
$
4,033

 
$
47,586

Charge-offs
(1,584
)
 
—

 
(617
)
 
(305
)
 
(4,049
)
 
(6,555
)
Recoveries
180

 
158

 
190

 
160

 
419

 
1,107

Provision (credit)
2,109

 
250

 
409

 
790

 
4,310

 
7,868

Ending balance
19,940

 
2,410

 
3,916

 
19,027

 
4,713

 
50,006

Acquired loans:
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
139

 
—

 
35

 
4

 
—

 
178

Charge-offs
(601
)
 
—

 
(46
)
 
(1,376
)
 
(9
)
 
(2,032
)
Recoveries
53

 
—

 
46

 
—

 
14

 
113

Provision (credit)
416

 
—

 
(34
)
 
1,393

 
(5
)
 
1,770

Ending balance
7

 
—

 
1

 
21

 
—

 
29

Total ending balance
$
19,947

 
$
2,410

 
$
3,917

 
$
19,048

 
$
4,713

 
$
50,035

Ending balance: individually evaluated for impairment
$
1,054

 
$
—

 
$
4

 
$
488

 
$
—

 
$
1,546

Ending balance: collectively evaluated for impairment
18,893

 
2,410

 
3,913

 
18,560

 
4,713

 
48,489

Loans:
 
 
 
 
 
 
 
 
 
 
 
Ending balance
1,210,936

 
420,281

 
1,666,220

 
2,124,240

 
677,884

 
6,099,561

Ending balance: individually evaluated for impairment
10,417

 
—

 
4,102

 
10,825

 
—

 
25,344

Ending balance: collectively evaluated for impairment
1,200,519

 
420,281

 
1,662,118

 
2,113,415

 
677,884

 
6,074,217

 
For the Nine Months Ended September 30, 2018
 
Commercial,
financial,
agricultural
and other
 
Real estate
construction
 
Residential
real estate
 
Commercial
real estate
 
Loans to
individuals
 
Total
 
(dollars in thousands)
Allowance for credit losses:
 
 
 
 
 
 
 
 
 
 
 
Originated loans:
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
$
23,418

 
$
1,349

 
$
2,753

 
$
17,328

 
$
3,404

 
$
48,252

Charge-offs
(3,443
)
 
—

 
(949
)
 
(2,411
)
 
(3,321
)
 
(10,124
)
Recoveries
671

 
93

 
222

 
123

 
460

 
1,569

Provision (credit)
1,343

 
150

 
1,584

 
4,623

 
3,274

 
10,974

Ending balance
21,989

 
1,592

 
3,610

 
19,663

 
3,817

 
50,671

Acquired loans:
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
11

 
—

 
6

 
29

 
—

 
46

Charge-offs
(93
)
 
—

 
(57
)
 
—

 
(15
)
 
(165
)
Recoveries
31


6

 
75

 
—

 
24

 
136

Provision (credit)
71

 
(6
)
 
23

 
(21
)
 
(9
)
 
58

Ending balance
20

 
—

 
47

 
8

 
—

 
75

Total ending balance
$
22,009

 
$
1,592

 
$
3,657

 
$
19,671

 
$
3,817

 
$
50,746

Ending balance: individually evaluated for impairment
$
3,474

 
$
—

 
$
167

 
$
1,722

 
$
—

 
$
5,363

Ending balance: collectively evaluated for impairment
18,535

 
1,592

 
3,490

 
17,949

 
3,817

 
45,383

Loans:
 
 
 
 
 
 
 
 
 
 
 
Ending balance
1,116,204

 
298,395

 
1,533,338

 
2,136,431

 
578,414

 
5,662,782

Ending balance: individually evaluated for impairment
12,864

 
—

 
4,522

 
12,012

 
—

 
29,398

Ending balance: collectively evaluated for impairment
1,103,340

 
298,395

 
1,528,816

 
2,124,419

 
578,414

 
5,633,384



 
For the Three Months Ended September 30, 2019
 
Commercial,
financial,
agricultural
and other
 
Real estate
construction
 
Residential
real estate
 
Commercial
real estate
 
Loans to
individuals
 
Total
 
(dollars in thousands)
Allowance for credit losses:
 
 
 
 
 
 
 
 
 
 
 
Originated loans:
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
$
20,678

 
$
2,491

 
$
4,133

 
$
19,287

 
$
4,407

 
$
50,996

Charge-offs
(742
)
 
—

 
(383
)
 
(6
)
 
(1,571
)
 
(2,702
)
Recoveries
41

 
74

 
6

 
81

 
162

 
364

Provision (credit)
(37
)
 
(155
)
 
160

 
(335
)
 
1,715

 
1,348

Ending balance
19,940

 
2,410

 
3,916

 
19,027

 
4,713

 
50,006

Acquired loans:
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
15

 
—

 
25

 
25

 
—

 
65

Charge-offs
(49
)
 
—

 
—

 
(1,376
)
 
(3
)
 
(1,428
)
Recoveries
21

 
—

 
11

 
—

 
—

 
32

Provision (credit)
20

 
—

 
(35
)
 
1,372

 
3

 
1,360

Ending balance
7

 
—

 
1

 
21

 
—

 
29

Total ending balance
$
19,947

 
$
2,410

 
$
3,917

 
$
19,048

 
$
4,713

 
$
50,035


 
For the Three Months Ended, September 30, 2018
 
Commercial,
financial,
agricultural
and other
 
Real estate
construction
 
Residential
real estate
 
Commercial
real estate
 
Loans to
individuals
 
Total
 
(dollars in thousands)
Allowance for credit losses:
 
 
 
 
 
 
 
 
 
 
 
Originated loans:
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
$
25,082

 
$
1,262

 
$
3,556

 
$
17,731

 
$
3,527

 
$
51,158

Charge-offs
(2,582
)
 
—

 
(268
)
 
—

 
(1,076
)
 
(3,926
)
Recoveries
53

 
92

 
26

 
36

 
153

 
360

Provision (credit)
(564
)
 
238

 
296

 
1,896

 
1,213

 
3,079

Ending balance
21,989

 
1,592

 
3,610

 
19,663

 
3,817

 
50,671

Acquired loans:
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
23

 
—

 
127

 
6

 
—

 
156

Charge-offs
—

 
—

 
(9
)
 
—

 
(4
)
 
(13
)
Recoveries
13

 
—

 
25

 
—

 
12

 
50

Provision (credit)
(16
)
 
—

 
(96
)
 
2

 
(8
)
 
(118
)
Ending balance
20

 
—

 
47

 
8

 
—

 
75

Total ending balance
$
22,009

 
$
1,592

 
$
3,657

 
$
19,671

 
$
3,817

 
$
50,746